22 January 2017
Hello everyone, Arrears of pension received by an individual can be claimed as relief u/s 89. Suppose the arrears received belong to the year 2006 to 2016, i.e., 10years and received during P.Y. 2016-17. While calculating the relief, income of the preceding 3 P.Y.s is considered and one-third of the arrears is added in each year. So, my question is : Is there any treatment of income of the P.Y.s preceding the 3 P.Y.s? In this case, we will consider the income of P.Y. 2013-14, 2014-15, 2015-16. What about the income of remaining years and their respective arrears? Thanks
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